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The Dump and Pump - OIL and SPX500
CFDs on WTI Crude Oil
Long
The Dump and Pump - OIL and SPX500
By the_sunship
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Aug 5, 2022
8
Aug 5, 2022
OIl and SPX 500 now should rally now after the "bad news" for the last wave up into next week.
Often, very fast waves down is likely a buy and not a sell (SPX500 this morning). It's not intuitive and why it tricks people most of the time.
Oil should retest 92-94 and SPX 500 should get to 4200+ Good luck and see you next week!
CL
Technical Indicators
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
Crude Oil WTI
Wave Analysis
the_sunship
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SPX500 - The Oil indicator
by the_sunship
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